M&T Bank announced Scott Weissmann, a longtime veteran of the equipment finance industry, has been promoted to Line of Business Manager for M&T Commercial Equipment Finance, part of the M&T Equipment Finance Group.

Weissmann has more than 24 years of experience in the equipment finance industry, nine of them with M&T’s Commercial Equipment Finance team. For the last six years, he has served as a group manager responsible for the direct originations’ sales force within the company. Prior to joining M&T, he worked in both equipment finance and relationship banking at various financial institutions.

“Since taking on the interim head role, Scott has been an integral part of shaping our go-forward strategy for M&T Commercial Equipment Finance, including some exciting growth and optimization initiatives that we will begin to realize in 2024 and beyond,” said Jennifer Warren, Head of Institutional Services and Equipment Finance for M&T Bank/Wilmington Trust. “We are delighted that he’ll continue to lead the team as Line of Business Manager.”

M&T Commercial Equipment Finance is one of four equipment finance entities that together comprise the M&T Equipment Finance Group, along with M&T Capital and Leasing Corporation, M&T Equipment Finance Corporation, and LEAF Commercial Capital, Inc. Under Weissmann’s leadership, M&T Commercial Equipment Finance will continue to serve as a trusted equipment finance provider for M&T Bank’s customers for the construction, aircraft, healthcare, manufacturing, and other specialized industries.